Deals - Asia/Australasia

Axiata Group Berhad (“Axiata”) has announced the strategic merger of Hello Axiata Company Limited (“Hello”) and Latelz Company Limited (“Latelz”) which operates under its main Smart Mobile (“Smart”) brand name.  The cash consideration for the merger was approximately US $155 million, subject to adjustments for ... read more

Further to the announcement made on 13 March 2013, in which Mytrah announced that is had agreed conditional terms to acquire 59.75 MW of existing operational wind power assets in the Indian States of Tamil Nadu and Maharashtra (the "Acquisition"), Mytrah is pleased to announce that it has received conditional offers for the debt financing. This Acquisition remai ... read more

Recapital Group disposed of its entire holding of 24,203,452 ordinary shares in Bumi plc, with Avenue Luxembourg S.A.R.L. acquiring 13,667,250 shares and the remainder being split between Flaming Luck Investments Limited (3,000,000 shares) and Argyle Street Management Limited (7,536,202 shares).   Bumi plc is a leading FTSE listed thermal coal group with interest ... read more

Chinalco Mining Corporation International (“CMC”) has raised approximately $400 million in an initial public offering in Hong Kong.   The unit of China’s biggest aluminium producer sold about 1.76 billion shares at HK$1.75 apiece.  The shares were offered at HK$1.52 to HK$1.91 each, according to a prospectus for the IPO.& ... read more

The board of directors of the Company (the "Board") is pleased to announce that on 21 March 2013 the Group entered into sale and purchase agreements with Mr. Jerry So ("Mr. So") relating to the acquisition by the Company's group (the "Group") of the entire share capital of Shenzhen Lamp Energy Management Investment Com ... read more

Global Lock, the provider of security solutions to retailers and other organisations in China, is pleased to announce that it has acquired the remaining 50% interest in Yuxi City Global Lock Security Engineering Co., Ltd ("Yuxi").   Yuxi was established in November 2010 as a joint venture with three individuals and provides security sol ... read more

Biofutures is the parent company of Zurex Corporation Sdn. Bhd. ("Zurex"), a company incorporated in Malaysia. Zurex owns and operates a 200,000 metric tones per annum palm oil refinery in Lahad Datu, Sabah, Malaysia and has a licence to manufacture biodiesel from palm oil. Zurex's refinery sits on a 14 acre plot of land in POIC Lahad Datu, Sabah, Malaysia. POIC is an ent ... read more

Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries, is delighted to announce the acquisition of 70 per cent. of Dual Engraving ("Dual"), based in Perth, Western Australia ("WA") (the "Acquisition"). The terms of the Acquisition remain the same as previously announced on 12 November 2012 (see ... read more

LiteBulb Group (AIM: LBB), the provider of innovative product solutions from identification through to retail distribution, announces that it has entered into a conditional share purchase agreement to acquire Bluwstuff Limited, a  global designer, manufacturer and distributor of award winning innovative products, predominantly for the gift and toy markets, for a ... read more

Tarsus Group plc (LSE: TRS, "Tarsus" or the "Group"), the international business-to-business media group, has agreed to acquire 51% of Indonesian exhibition organiser PT Infrastructure Asia ("PTIA") from PT Event Pro International (the "Vendor").   PTIA currently owns and or ... read more

Supreme Energy Rantau Dedap (“SERD”) has entered into a Power Purchase Agreement (“PPA”) signing with Indonesian state-owned electricity utility Perusahaan Listrik Negara (“PLN”) for the development of Rantau Dedap Geothermal Project located in the South Sumatra Province of Indonesia.   The Rantau Dedap ... read more

MARUWA CO LTD ("Maruwa" or the "Company") resolved, at a meeting of the board of directors held on November 1, 2012 today, to acquire 100% outstanding shares of Yamagiwa Corporation ("Yamagiwa"), and the Company has entered into a share purchase agreement with the seller, Enterprise Turnaround Initiative Corporation of Japan ("ETIC& ... read more

Fenner is pleased to announce that its wholly owned subsidiary Fenner Dunlop Australia Pty Ltd, ("Fenner Dunlop") has today exchanged contracts to purchase 100% of the share capital of ACE, a privately owned group of companies based in Somersby, New South Wales, Australia.  The audited value of the gross assets being acquired was AUD$16.0m (£10.4m) as at 30 Jun ... read more

WPP announces that its wholly-owned operating company Grey Group, the global communications network, has agreed to acquire a majority stake in ArtM Communications Group, a leading full service integr ... read more

Alibaba Group Holding Limited, China's largest e-commerce company, announced the completion of its initial repurchase of shares from Yahoo!, which represented one-half of Yahoo!'s 40% stake in Alibaba Group on a fully diluted basis, on 18 September 2012.  The initial repurchase of shares was valued at approximately USD7.1 billion. Of this Yahoo! ... read more

Aegis Group plc ("Aegis"), the world's leading, focused media and digital communications group, today announces that it has entered into an agreement to acquire Communicate 2 ("C2"), a leading performance marketing and search agency in India. C2's gross assets as at 31 March 2012 were INR 129.9 million (£1.5) million.& ... read more

Baker & McKenzie’s Securities team recently acted as Hong Kong, US and Japanese law counsel to the joint global coordinators, joint bookrunners and joint lead managers, Shenyin Wanguo Capital (H.K.) Limited, Piper Jaffray Asia Limited and CITIC Securities Corporate Finance (HK) Limited, on the USD200 milion global offfering by DYNAM Japan Holdings Co., Ltd, one of the ... read more

Eurasian Natural Resources Corporation PLC ('ENRC' or, together with its subsidiaries, the 'Group'), today announces that the Government of the Democratic Republic of the Congo ('DRC') has decided to grant ENRC's subsidiary Frontier Sprl ('Frontier') a new mining licence in respect of the Frontier mine for US$101.5 ... read more

Aegis Group plc today announced it has committed to a strategic investment in local Chinese search marketing company, PinZhong ("PZoom"). Aegis Group's investment in PZoom is RMB 24 million (£2.4 million). The partnership with PZoom is in line with Aegis Group's strategy of acquiring businesses in faster- ... read more

Leyshon Resources Limited (AIM/ASX:LRL) ("the Company") is very pleased to announce that it has signed a definitive share sale and purchase agreement for the acquisition of Hong Kong Company Pacific Asia Petroleum Limited (PAPL) which holds a 100% interest in the Zijinshan Production Sharing Contract located on the eastern fringe of the prolific Ordos Gas Basin in Cen ... read more

Pearson, the world's leading learning company, is today announcing the acquisition of Author Solutions, Inc (ASI) from Bertram Capital for $116 million in cash.   Formed in 2007, ASI is now the world's leading provider of professional self-publishing services. It has enabled 150,000 authors to publish, market and distribute more than ... read more

Founded in 1988, MR is an environmental and project management consultancy headquartered in Sydney.   It currently employs about 90 staff and has developed a significant profile based upon the successful delivery of complex infrastructure projects.  These often last several years, providing long term revenue streams.  MR has particular expertise in the water, tr ... read more

Premier Farnell plc (LSE:pfl) announces the completion of its acquisition of Shenzhen Embest Technology Co Ltd (Embest), a leading provider of embedded system development boards and tools, as well as design engineering services with gross assets of approximately £0.5 million (at current exchange rates). Embest, which is based in China, will report through element14, Premier F ... read more

Khaitan & Co advised public sector undertaking Nuclear Power Corporation of India Limited (NPCIL) in its external commercial borrowing (ECB) of $250 million from State Bank of India, Singapore Branch (SBI) to construct new nuclear reactors and purchase of equipment for the same projects from India and abroad.   NPCIL is a public sector enterprise under th ... read more

Leading international law firm Clifford Chance has acted for funds advised by CVC Asia Pacific Limited on its US$105 million investment in convertible bonds issued by Venturepharma Group in China. Beijing partner Terence Foo who led the core team said, "We were delighted to partner with CVC on yet another successful investment in China. This deal highlig ... read more

Schroders plc (Schroders) announces that its wholly owned subsidiary, Schroder Singapore Holdings Private Limited, has reached agreement to acquire 25 per cent. of the share capital of Axis Asset Management Company (Axis AMC), the Indian asset management business of Axis Bank Limited. Axis AMC was founded in 2009 and has assets under management of c.US$2.3 b ... read more

Baker & McKenzie.Wong & Leow has advised the Al-Futtaim Group on its acquisition of a strategic interest in RSH Limited. This is the second time the Al-Futtaim Group has instructed Baker & McKenzie on a major acquisition in Singapore, after its successful voluntary conditional cash offer and privatization of Robinson and Company Limited in 2008. Together with Robin ... read more

Mr. Andre Rahadian, one of the founding partners of the Law Firm Hanafiah Ponggawa & Partners, Jakarta-Indonesia (“HP&P”), has successfully assisted Garuda Indonesia, the biggest airline compa ... read more

State-run Rural Electrification Corporation Limited (REC) has received the Finance Ministry's approval to raise Rs 3,000 crore through issue of tax-free bonds this fiscal year.  “REC has been authorised to issue, through a public issue, during the financial year 2011-12, tax-free, secured, redeemable, non-convertible bonds of rupees 1,000 ... read more

M. V. Kini & Co. advised National Highways Authority of India (NHAI) on public issue of tax free Bonds of the value of Rs.1,000 each to raise Rs.10,000 crore ($ 1.9 billion) to finance implementation of various projects.  The NHAI was constituted by an act of Parliament, the National Highways Authority of India Act, 1988.  It is responsible fo ... read more

WPP announces that JWT, its wholly-owned global advertising and communications company, has agreed to acquire, by subscription for new shares, a minority stake in Converge Technologies Pvt Limited, ("Converge") a leading provider of technology-based marketing solutions and digital marketing services agency in Pakistan. Converge's offer include ... read more

The Company is pleased to announce that, through its wholly owned subsidiary PCG Engineering Limited, it has signed a term sheet to subscribe for a 30% equity stake in TSI Holdings Limited ("TSI") (the "Investment"). Total consideration for the Investment is US$2 million (approximately £1.26m).  The subscription is subject to, int ... read more

We are pleased to announce that Compass Group has acquired NKS Kabushiki Kaisha Ltd and associated companies (together "NKS") from Mr Yamamoto, its Chief Executive. For the year ended 31 March 2011, NKS had revenues of JPY 6.4 billion (c.£50 million) and gross assets of JPY 4.7billion (c.£36 million). NKS is a provider ... read more

Datatec Limited ("Datatec", JSE/AIM: DTC), the international Information and Communications Technology (ICT) group, announces that its subsidiary Westcon has agreed to acquire the business of PT Netpoleon, ("Netpoleon"), an Indonesian value added distributor of IT security, networking and convergence solutions and provider of managed and training services. P ... read more

Whitehaven Coal and Aston Resources have agreed to a $5.1 billion merger. With their planned combination, the two companies would have a total output of 27 million tonnes a year by 2015, which would bring the two coal miners on par with the 2010 output of the Australian operations of Peabody Energy. Whitehaven, which went public in June 200 ... read more

WPP announces that XM Asia, a division of WPP's wholly-owned operating company, JWT, the global communications group, has entered into an agreement to acquire a stake in Magnivate, a leading digital agency in Indonesia. Completion of the acquisition is subject to fulfillment of certain conditions. Founded in 2010 and based in Jakarta, Magnivate's o ... read more

Frontier Mining Ltd (AIM: FML), the AIM quoted copper exploration and development company focused on Kazakhstan, is pleased to announce it has completed the acquisition of South Benkala, previously announced on 9 May 2011. KazCopper LLP, Frontier's wholly owned subsidiary through which it holds the Benkala license, has received final approval f ... read more

Qihang Equipment Company Limited (the "Company") is pleased to announce that it has entered into an agreement for the acquisition of the entire issued share capital of Zhenjiang Anda Coal Mine Special Equipment Company Limited ("CM Special Equipment") for a cash consideration of up to RMB 35 million (approximately £3.6m) (the "Acquisition" ... read more

Expanding professional staffing exposure in the world's second largest staffing market Zurich, Switzerland, January 3, 2012: Adecco Group, the global leader in Human Resource services, today announces the acquisition of VSN Inc., a leading provider of professional staffing services in Japan, for an enterprise value of EUR 90 million[1]. VSN Inc. doubles ... read more

Equity International (EI), an investment firm which backs real estate and hospitality ventures globally  has agreed a $75 million commitment to SAMHI, a developer and owner of hotels in India.  SAMHI has been sponsored by GTI Capital Group, an investment firm set up by the likes of Dabur Group’s Gaurav Burman and Dalmia Group’s Gaurav Dalmi ... read more

A leading petrochemical storage and logistics company in China-Sinopec Kantons Holdings Limited ("Kantons" or "the Company", together with other subsidiary companies, "the Group"; Stock Code: 934) is pleased to announce its signing of Acquisition Agreements with its parent company, China Petroleum & Chemical Corporation ("Sinopec Corp ... read more

Technip (NYSE Euronext Paris: TEC) announced today that it has completed the acquisition of Global Industries, Ltd (NASDAQ: GLBL). The shareholders of Global Industries approved the merger at a special shareholders meeting held on November 30, 2011 and will receive US$8.00 per share in cash. Global Industries has become an indirect, wholly-owned subsidiary of Technip a ... read more

Northbridge, the industrial services and rental company, is pleased to announce that it has completed the acquisition of the assets of Loadcell Services Pte Ltd and Loadcell Services BVI ("Loadcell"), an oilfield instrumentation supplier based in Singapore (the "Acquisition"). Loadcell was formed in 1982 in Singapore by the current owner and the ope ... read more

Acquisition creates Australia's leading specialist outsourced claims management company  Also provides Innovation Group with a platform to target the Australian property claims market  The Innovation Group plc (LSE: TIG.L), a global provider of business process outsourcing and software solutions to the insurance, flee ... read more

Management Consulting Group PLC ("MCG or "the Group"), the international professional services group, announces today that it has acquired a retail consulting business operating in China. MCG has acquired Vertical Retail Consulting Limited and Vertical Retail Consulting Hong Kong Limited from Rick Keller and Nathan Burkland.  C ... read more

Wolfson Enhances its Noise Cancellation Leadership Position with the Acquisition of an Enhanced Speech Intelligibility and Voice Communications Software Company Wolfson Microelectronics plc ("Wolfson" or "the Company"), a global leader in the supply of mixed-signal semiconductor HD Audio solutions for the consumer electronics market, today announces that it has signed a binding agreement, subject to certain customary closing conditions, to acquire the entire issued share capital of Australian-based s ... read more

Japan's Kokuyo Co will acquire 50.3% stake in stationery products maker Camlin for an estimated Rs. 360 crore. The two companies have signed a Joint Venture Agreement under which the Japanese firm will acquire a majority stake in Camlin in three tranches, after which the Indian firm will be converted into a joint venture company. ... read more

APA Group (ASX:APA), Australia’s largest natural gas infrastructure business, announced it will acquire the 1,630 km Amadeus Gas Pipeline in the Northern Territory for $63 million. The acquisition is supported by a long term gas transportation agreement. Commissioned in 1986, the Amadeus Gas Pipeline transports gas to Darwin, Katherine and other locations pri ... read more

Landis+Gyr announced that Toshiba Corporation (TOKYO:6502) has entered into a definitive sale agreement with the shareholders of Landis+Gyr, under which Toshiba, one of the world’s leaders in electronics and power systems, will acquire Landis+Gyr, the global leader in energy management solutions for utilities, for US$2.3 billion in cash, to build the world’s Smart Grid ... read more

Zeta Petroleum is pleased to announce that Key Petroleum Limited (“KEY”) has agreed, subject to certain conditions and approvals, to acquire 100% of the issued capital of Zeta Petroleum Limited. KEY is a oil and gas exploration company listed on the Australian Stock Exchange (code: KEY) that holds the following oil and gas interests: ... read more